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$1,640,000
Available - For Sale
Listing ID: X12706754
Exceptional mixed-use fourplex prominently positioned on the corner of Cooper and Percy in the heart of high-demand Centretown. This income-generating asset features three residential units (one 3-bedroom, one 2-bedroom, and one 1-bedroom) plus a street-level commercial space currently leased to a barber shop until the end of 2027. The main floor offers excellent flexibility, currently configured as a three-bedroom residential unit with full basement alongside the commercial storefront. The second floor includes two well-appointed apartments, each with access to its own rooftop space and common washer/dryer. Residential units 1, 2 & 3 were renovated in 2021, with a new roof and new windows (3-bedroom unit) completed the same year. All appliances, light fixtures, HWT, and A/C units are included. Current rents: Barbershop approx. $35,670/year; 2-bedroom $23,400/year; 1-bedroom $19,680/year; 3-bedroom was recently owner-occupied (previously rented at $3,100/month) and is now vacant. Residential Neighbourhood Commercial zoning; buyer to complete due diligence regarding zoning and permitted uses under Ottawa zoning by-laws. Located steps to public transit and within walking distance to shops, restaurants, Chinatown, Little Italy, Lebreton Flats, and directly across from the Rideau Curling Club. A high-visibility corner property primed for growth-ideal for investors seeking stable income, value-add potential, or an owner-occupier opportunity. Check out our video tour.
Price $1,640,000
Taxes: $7,500
Assessment Year: 2025
Occupancy by: Tenant
Address: 698 Cooper Street , Ottawa Centre, K1R 6C6, Ottawa
Directions/Cross Streets: Bronson Ave & Somerset StW
Rooms: 19
Bedrooms: 6
Bedrooms +: 0
Washrooms: 4
Family Room: T
Basement: Partially Fi
No. of Pieces Level
Washroom 1:  3 Second
Washroom 2:  3 Ground
Washroom 3:  2 Ground
Washroom 4:  0
Washroom 5:  0
Property Type: Fourplex
Style: 2-Storey
Exterior: Brick
Concrete
Garage Type: None
(Parking/)Drive: Street Onl
Drive Parking Spaces: 0
Park #1
Parking Type: Street Onl
Park #2
Parking Type: Street Onl
Pool: None
Approximatly Square Footage: 3000-3500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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DETAILS REALTY INC.

698 Cooper Street , Ottawa Centre, K1R 6C6, Ottawa

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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Type: Freehold - Fourplex
Area: Ottawa
Municipality: Ottawa Centre
Neighbourhood: 4102 - Ottawa Centre
Style: 2-Storey
Lot Size: x 72.00(Feet)
Approximate Age:
Tax: $7,500
Maintenance Fee: $0
Beds: 6
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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